Sui (SUI/USDT) is starting to flex some strength at a level that could decide its short-term fate. After weeks of sideways grind and pullbacks, it’s now trading at $3.33 — and the charts are whispering hints of a breakout, if not yelling them.
The signs are there: a structural base forming, smart money levels in play, and price reacting well in a historically bullish demand zone. Momentum hasn’t exploded yet, but it’s bubbling just under the surface.
Strong Defense at the $3.35 Zone Draws Eyes
The current demand zone — just above $3.35 — isn’t just any old support. It’s a premium Point of Interest (POI), backed by high-volume activity and a historical track record of bounces.
Price is holding the line there, and that’s the first thing bulls needed to see.
Notably, this area is where liquidity often builds up. It’s also supported by the chart shared by trader @KamilShaheen19, highlighting a visible range high-volume node. That means plenty of trading action happened here before, and traders clearly care about this level.
A clean bounce from this area could be a signal — not just for a minor move, but potentially a full leg higher.
Equal Highs at $3.70 Could Act Like a Magnet
This one’s hard to miss. A cluster of Equal Highs (EQH) sits at $3.70. Flat highs like these usually attract price action. Think of them like bright neon signs to algo-driven systems and institutional players.
Markets love liquidity.
Here’s why this EQH level matters:
-
Uncollected stop orders likely sit above that $3.70 region
-
Flat highs often act as magnets — drawing price toward them before reversal or continuation
-
Price hasn’t taken out that level yet, leaving the door wide open
It’s not just about the highs, though. There’ve been multiple internal shifts in character across the 4-hour chart. Change of Character (ChoCH) events are quietly setting the mood, indicating the tide may be turning in favor of buyers.
Momentum might just be waking up.
Structural Clues Point to a $3.60 Breakout as Next Step
Earlier Breaks of Structure (BOS) set the tone this month. While the last week brought some choppiness, one thing is clear: bears haven’t scored a decisive structural win yet.
In fact, bulls are doing the bare minimum — and it’s working.
Holding the $3.35 POI while avoiding a clean bearish market structure break is keeping the upside alive. That’s where short-term focus lands: reclaiming $3.60.
Two reasons why $3.60 matters? It’s the trigger to:
-
Clear out stop orders just above local highs
-
Shift momentum back into a decisively bullish stance
Short-term traders want a breakout. But even the patient ones see potential here.
Reclaiming $3.60 could quickly send price knocking on the $3.70 door — and if that gets cleared, $4.20 isn’t out of the question.
Thin Volume Zone Between $3.80–$4.30 Adds Fuel
There’s a gap. And not the scary kind.
A low-volume zone exists on the volume profile between $3.80 and $4.30. That’s good news for bulls — if price clears $3.70, it might slice through that region faster than expected.
Here’s a quick look at the levels traders are watching:
| Price Level | Significance | Notes |
|---|---|---|
| $3.33 | Current Price | Trading inside demand zone |
| $3.35 | Invalidation Level | Break below may trigger bearish structure |
| $3.60 | Short-Term Target | Key structural and psychological level |
| $3.70 | Liquidity Magnet | Equal Highs attract breakout potential |
| $4.20–$4.50 | Potential Target | Weak high zone with low-volume path |
What Traders Are Waiting For Now
There are really just two types of traders in this setup: the ones already inside and those waiting for confirmation.
The ones already in are likely riding the bounce off the POI with eyes on $3.60 and $3.70. For the rest, confirmation will come with structure — and structure is everything in smart money trading.
Short-term watchers want a clean market structure break on the lower timeframes to call this bullish continuation legit.
But there’s also risk, and it’s right underneath.
A break below that invalidation point drags Sui back into the sub-$3.20 region. That wouldn’t just delay upside — it could derail it completely.
Still, bulls are showing up where they need to. Liquidity is building. Structure is holding. And the market seems to be inching toward that first pop.
